Business Description
This fund puts nearly all of its money into a special type of options contract tied to the performance of the Invesco QQQ Trust, a well-known investment fund that tracks large technology-focused companies. These contracts, known as FLEX Options, are exchange-traded agreements that allow for greater flexibility in setting terms such as pricing, expiration, and exercise conditions. The fund concentrates its holdings in a narrow set of investments rather than spreading them across many different assets.